Benefits of Due Diligence by Aryium
Due Diligence is a familiar term in the world of investment and procurement, but understanding its full scope and importance, particularly for complex projects, can often be challenging. Aryium offers a robust Due Diligence service tailored to meet these intricate needs. In conversation with Sarah Borg-Bonnici, CEO and Co-Director of Aryium, we delve deeper into what this service encompasses and why it is critical.
Defining Due Diligence at Aryium
At Aryium, Due Diligence goes beyond the traditional understanding. Sarah Borg Bonnici explains:
"You would like to build a factory, you would like to procure a factory, you would like to do something, but you don't know, or you don't feel you have the in-house expertise to go: ‘Is this a good idea?’"
Aryium's approach starts with a fundamental step: defining the nature of the problem. Sarah elaborates:
"We define what the nature of the problem is and then we go and look at what you're considering. We test what you're considering against the defined nature of the problem."
This meticulous process ensures that every decision is evaluated against a well-defined problem, providing clarity and confidence.
Tailored Solutions for Complex Projects
Complex projects often involve multiple streams of legislation, unique processes, and specific requirements that fall outside the norm. Sarah emphasizes the importance of technical expertise in these scenarios:
"On complex projects where you've got multiple, multiple streams of legislation that are converging... bringing somebody in who has a thorough technical knowledge of that field is worthwhile."
She highlights a real-world example to illustrate this point:
"You need to be able to put an incinerator on site. But when you dig into the technical due diligence of it, the power requirements... would need to be so above what is available on the local grid."
This scenario underscores the necessity of having experts who can foresee such challenges and propose viable solutions, such as alternative power sources.
Aryium's Unique Position
What sets Aryium apart is their cross-sector expertise and extensive network of specialists. Sarah points out:
"Why Aryium is so uniquely positioned to be able to help people with complex problems and due diligence is because of the cross-sector expertise and the huge network of experts we have at our disposal."
This diverse expertise allows Aryium to handle a wide range of projects, ensuring that each one is approached with the right knowledge and resources. Whether it's a factory procurement, a commercial development, or any other complex project, Aryium’s team can identify potential risks and provide strategic solutions to mitigate them.
Mitigating Risks and Achieving Goals
Ultimately, Aryium's due diligence service aims to mitigate risks and help clients achieve their goals. Sarah summarizes this mission succinctly:
"We'll have a conversation with you to understand what it is you're trying to achieve... we can figure out a way to move through that process to keep you on track and to be able to help you achieve your goals because that's really what we're here for."
By engaging Aryium’s due diligence services, clients can navigate their projects with confidence, knowing that they have a team of experts dedicated to ensuring every aspect is thoroughly evaluated and aligned with their objectives.
Why Aryium?
At Aryium, our rigorous due diligence process, combined with a vast network of specialists, ensures that every project is approached with the highest level of scrutiny and precision. As Sarah Borg-Bonnici highlights, understanding and addressing the unique challenges of each project is key to achieving successful outcomes and mitigating risks.